Last updated on January 12, 2022
Timescan Logistics IPO description – The company is an ISO 9001:2015 certified company for Quality Management Services for providing services namely International Freight Forwarding, Customs Broker, Third Party Logistics (3PL), Warehousing and Transportation services. It provides transport and freight-related services like Freight Forwarding (Sea and Air), Customs Clearance, Warehousing, Transportation, Multimodal transportation, Project Cargo, Vessel Charter, packaging, loading/unloading and unpacking of items to facilitate its customers with end-to-end solutions and other related value-added services.
It has become a member of World Cargo Alliance (WCA), World Cargo Alliance is the world’s largest and most powerful network of independent freight forwarders, which benefited the members in Global reach, Networking & events, Marketing & Promotions etc. Every member of every WCA is also automatically covered by the most generous and extensive financial protection program in the industry, which allows member company to conduct business with other WCA members with complete security.
It is a registered custom house broker with Custom offices – Chennai, Vijaywada, and Mundra. The business also has a 16,354 Sq. ft warehouse on long-term lease under Free Trade Warehousing Zone of JMD Chennai SEZ.
Promoters of Timescan Logistics – Mr. Moulana Taufeek Islam and Mrs. Ayisha Beevi.
Timescan Logistics IPO Details
| Subscription Dates | 31 December 2021 – 4 January 2022 |
| Price Band | INR 51 per share |
| Fresh issue | 9,44,000 shares (INR 4.8 crore) |
| Offer For Sale | Nil |
| Total IPO size | 9,44,000 shares (INR 4.8 crore) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Timescan Logistics’ Financial Performance
| Â | FY2019 | FY2020 | FY2021 | Q1 FY2022 |
| Revenue | 6,393.4 | 6,509.8 | 9,976.5 | 2,724.1 |
| Expenses | 6,259.1 | 6,355.8 | 9,746.2 | 2,642.3 |
| Net income | 83.1 | 79.5 | 124.9 | 40.9 |
Timescan Logistics Offer News
Timescan Logistics Offer Valuation (as of FY2021)
Earnings Per Share (EPS): INR 4.90
Price/Earnings (PE ratio): 10.41
Return on Net Worth (RONW): 22.43%
Net Asset Value (NAV): INR 21.83 per share
Timescan Logistics IPO GMP Daily Trend
| Date | Timescan Logistics IPO GMP | Kostak | Subject to Sauda |
| 9 January 2022 | – | – | INR6,000 |
| 7 January 2022 | – | – | INR6,000 |
| 6 January 2022 | – | – | INR6,000 |
| 5 January 2022 | – | – | INR6,000 |
| 4 January 2022 | – | – | INR6,000 |
| 3 January 2022 | – | – | INR5,000 |
Timescan Logistics Offer Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 4,72,000 | 4,72,000 | 9,44,000 |
| Day 1 | 1.51 | 1.62 | 1.57 |
| Day 2 | 2.32 | 14.21 | 8.26 |
| Day 3 | 134.19 | 85.75 | 109.97 |
Timescan Logistics Public Offer Registrar
Cameo Corporate Services Limited
Subramanian Building,
1 Club House Road,
Chennai-600 002
Tamil Nadu, India
Phone: +91 44 2846 0390
Fax: +91 44 2846 0129
Email:Â [email protected]
Website:Â www.cameoindia.com
Timescan Logistics Contact Details
Timescan Logistics (India) Private Limited
Rajah Annamalai Buildings,
Annex 3rd Floor, 18/3,
Rukmani Lakshmipathy Road,
(Marshalls Road), Egmore,
Chennai – 600 008
Phone: 044 – 4356 6000
Email: [email protected]
Website: www.timescan.in
Timescan Logistics Offer Allotment Status
Timescan Logistics IPO allotment is now available on Cameo Corporate Services’ website. Click on this link to get allotment status.
Timescan Logistics IPO Timetable
| IPO Opening Date | 31 December 2021 |
| IPO Closing Date | 4 January 2022 |
| Finalisation of Basis of Allotment | 7 January 2022 |
| Initiation of refunds | 10 January 2022 |
| Transfer of shares to demat accounts | 11 January 2022 |
| Listing Date | 12 January 2022 |
| Opening Price on NSE | INR82 per share (up 60.78% from IPO price) |
| Closing Price on NSE | INR86.1 per share (up 68.82% from IPO price) |
Timescan Logistics IPO FAQs
What are investors portions in Timescan Logistics public offer?
Retail investors are entitled to get 50% of the shares while the other 50% shares are reserved for individual applicants other than retail investors and corporate bodies or institutions.
How to Apply in Timescan Logistics IPO?
The best way to apply in Timescan Logistics IPO is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Timescan Logistics IPO size?
Timescan Logistics offer size is INR 4.8 crore.
What is Timescan Logistics IPO Price Band?
Timescan Logistics IPO Price is INR 51 per share.
What is the lot size of Timescan Logistics IPO?
Timescan Logistics offer lot size and the minimum order is 2,000 shares.
What is Timescan Logistics IPO GMP today?
Timescan Logistics IPO GMP today is NA per share.
What is Timescan Logistics kostak rate today?
Timescan Logistics IPO kostak rate today is NA per application.
What is Timescan Logistics Subject to Sauda rate today?
Timescan Logistics Subject to Sauda rate today is NA per application.
All necessary information given.
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